2007 Chubasco is located in Irvine Terrace, well regarded as one of the premier neighborhoods in Corona del Mar. This newly renovated single level ranch style home offers what today's buyers are looking for: privacy, space, location and options to work from home. The main house offers 3 bedrooms, 3 baths, and 2,320 SF of functional living space + A detached cottage back house that is 445 SF, could function as a guest house, office or game room - Unlike anything else in the area! Upon entrance you have a spectacular great room with high pitched beamed ceiling showcased by a beautiful stone fireplace. This functional ranch style floor-plan is designed for living and entertaining as the entire home and bedrooms all wrap around outdoor space with windows and doors opening to low maintenance landscaping, offering virtually total privacy and seamlessly integrating indoor and outdoor living. The family kitchen opens to a large eating nook with seating for upwards of 8 people and includes a full range of stainless steel appliances and granite countertops. Retreat to the spacious primary bedroom with a generous walk-in closet, enormous spa-like bathroom with rain shower and sliding door that leads to the covered outdoor living area. Additional amenities include 2 guest suites, dedicated laundry room and 2 car garage. Incredible opportunity for ocean side of PCH with privacy and location. Walking distance to Fashion Island, Irvine Terrace Park featuring: tennis, basketball, soccer and playground, the beaches, Village shops, restaurants, Newport Beach Country Club. Premier location, lot size and single level design and detached cottage make this residence a dream offering.